USDCAD Daily Analysis – Thursday, Nov. 22

USDCAD pulled back from the top of the price channel on the 4-hour chart, suggesting that consolidation for the uptrend from 1.2782 is underway.

USDCAD pulled back from the top of the price channel on the 4-hour chart, suggesting that consolidation for the uptrend from 1.2782 is underway.

Another fall towards the bottom of the channel could be expected in the coming days.

USDCAD 4-hour chart

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